I plan on acquiring a maisonette in Radcliffe. My Conveyancer is not listed on the mortgage company conveyancing list. Am I still permitted to continue with my Radcliffe conveyancing solicitor even though they are not on the lender list of approved lawyers?
You must use a property lawyer to deal with the legal work required if you need a loan to buy your property. The solicitor will conduct all the essential investigations on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. You may instruct a Radcliffe lawyer of your choosing. Nevertheless, where the conveyancing practitioner appointed is not a member of the lender approved list further costs will be incurred as separate legal representation will be need by the mortgage company. Conveyancing panel applications may be submitted, so where your solicitor has not historically applied for membership they should do so.
We're in Radcliffe, First timers purchasing with a mortgage (lender is Aldermore , and our lawyer is on the Aldermore conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Aldermore conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I bought my flat on 5 November and the transaction details is not yet registered. Any reason for this? My conveyancing solicitor in Radcliffe said it would be dealt with inside ten days. Are transfers in Radcliffe particularly slow to register?
There is nothing unique when it comes to conveyancing in Radcliffe registration formalities. Rather than based on location, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. At present in the region of 80% of such applications are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Historically registration occurs once the purchaser is living at the property thus 'speed' is not typically an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer must speak with the land registry and explain the circumstances.
Due to the input of my in-laws I had a survey completed on a property in Radcliffe before instructing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some banks may refuse to grant a loan on this type of home.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Radcliffe. Conveyancing may be slightly more expensive based on your lender's requirements.
My father has encouraged me to appoint his conveyancing solicitors in Radcliffe. Should I find my own property lawyer?
Much as we are happy to recommend a Radcliffe conveyancing lawyer the best way to choose a conveyancing lawyer is to seek feedback from friends or relatives who have previously instructed the firm you're are thinking of instructing.